General News
Auto Supplier ZF Slashes 7,600 Jobs in Cost-Cutting Push
The measures underscore the pressures on the German auto industry, which is reeling from sluggish demand in Europe, the cost of tariffs and rising competition from Chinese manufacturers.
EV Sales Surged 21% as Buyers Raced to Nab Tax Credit
“It’s last call at the bar, everyone is stepping up and ordering,” said Tyson Jominy of JD Power, which expects sales of about 16.1 million new vehicles this year.
EU to Ramp Up Tariffs on Steel Imports, Mirroring US Duties
The European Commission will propose early next week a long-term mechanism that will also reduce the bloc’s existing quotas for foreign steel by almost half.
Engine Makers, Fleets Prep for New Heavy-Duty Engine Oil Rollout
As the trucking industry moves toward the next generation of diesel engines, the introduction of new oils designed to further enhance fuel efficiency also is on the horizon.
What DOT’s Shutdown Plan Means for Trucking
The department’s plan, released Sept. 30, shows that highway and trucking agencies are among the least affected in a lapse of annual appropriations.
In DOT Shutdown Plan, Air Traffic Controllers Work Unpaid
Under the latest plan, air traffic controller hiring and field training would also continue — a key difference from the March plan, which would have paused those activities.
Intel Reaffirms Ohio Chip Plant Despite Long Delay
The project, dubbed Ohio One, “remains an important part of our long-term plans to expand leading-edge manufacturing on U.S. soil.” Intel said in a statement.
House Committee Approves Ocean Shipping Bill
The legislation, which builds on programs in the Ocean Shipping Reform Act, specifically targets certain operations that have been determined to be linked to Chinese firms.
Ford CEO: EV Market Will Be 'Way Smaller Than We Thought'
The elimination of a $7,500 consumer tax credit and softening of emissions rules by the Trump administration will sharply curtail EV demand in the U.S., Jim Farley said.
Hertz Begins Online Car Sales in Competition With Carvana
Going online is the latest move by CEO Gil West to further grow retail sales, which gets the company much better pricing than selling its rental vehicles at wholesale auctions.
TCI Acquires Kansas’ Success NationaLease
The No. 84 ranked company on the Transport Topics Top 100 list of for-hire carriers, TCI Transportation will have a combined 1,900 employees once the transaction is complete.
TCW Transportation Names New CEO After Scott George Retires
The company was founded by Scott George's grandfather, Howard George, in 1948 and has been employee-owned since 2022. Scott will remain an advisor to the board of directors.
First Brands Probes Billions of Off-Balance Sheet Financing
The financing fueled investor concerns before the auto parts supplier fell into bankruptcy.
OPEC+ to Discuss Fast-Tracking Return of Halted Production
Saudi Arabia and its partners will review the expedited return of the remainder of a 1.66 million barrel-a-day supply tranche when they meet on Oct. 5.
Maryland Hikes New Speeding Fines to $425 Starting Oct. 1
The automated speed citations do not add points to driver’s licenses. However, the faster a person is traveling over the speed limit, the higher the fine.
DoorDash Unveils Delivery Robot in Hardware Debut
DoorDash also debuted a smart scale to help restaurants weigh orders before they are handed to couriers to reduce missing-item claims.
Panama Canal Offers Shippers More Flexible Booking System
The increased flexibility comes as the canal is currently benefiting from higher-than-average water levels.
Trump to Keep Tariff Probes Running Through Shutdown
By claiming a national security rationale for the investigations, the administration can continue work on probes being conducted under Section 232 of the Trade Expansion Act.
Exxon to Cut 2,000 Workers as Oil Sector Job Losses Mount
Chevron, ConocoPhillips and BP are among major oil companies that announced thousands of job cuts in recent months as crude prices fell this year in response to increased supplies from OPEC.
Trump Sets 10% Lumber, Wood Tariffs in Bid to Lift US Industry
President Donald Trump ordered 10% tariffs on imports of softwood timber and lumber as well as 25% levies on kitchen cabinets, vanities and upholstered wood products.